Universities Superannuation Scheme $1 billion acquisition of Moto

Overview:

• Universities Superannuation Scheme (USS) has acquired an 82.5% stake in Moto Group for $1 billion from EPIC Bermuda Holdings, a subsidiary of Equity Partners Infrastructure Company, and other selling shareholders.
• USS subsequently sold a 40% stake to CVC Capital Partners.
• Moto is the UK's largest motorway service station operator.
• Baker & McKenzie acted for the individual selling shareholders.

Sam Duke - Editor